In the last five years, OSI Industries has significantly been involved in an expansion plan that includes moving to the international market while at the same time enhancing local operations. The management of the company has been aggressively implementing acquisition and purchase strategies. One of the purchases discussed below is expected to increase the expansion of the food processing company considerably. Read this articles at chicagotribune.com to for more info.
Baho Food Acquisition
One of the stands out the acquisition of OSI Industries is the purchase of Baho Food, a food manufacturing company that manufactures snacks and meat products. The company has a massive market in the Netherlands and Germany, which is a significant benefit to the company as it will be able to increase its market share in the world. Baho Food is a well-known company that has been operating in several countries around the world.
OSI Industries is expected to gain strategic market by acquiring this organization. Operating in the European market is one of the significant achievement that any company around the world desires. The market is vast enough to accommodate any company that is willing to enter into the market. There is also the added advantage of operating in an industry that has customers with huge bargaining and purchasing power. The company will use this strategic market to serve the changing needs of the customers.
Baho Food is one of the most strategic food manufacturing and selling companies in the European market. The firm has more than five branches in both Germany and the Netherlands. This will provide a better opportunity for OSI Group to continue expanding in the market in a strategic process. Baho does not only operate in Germany and the Netherlands, but it has more than eighteen branches in other European countries which makes it a strategic acquisition for any company.
OSI Industries have developed an acquisition strategy that will allow Baho Food executives to continue operating the company as they are aware of the market in a better way than a company from the United States. Baho Food is interested in joining hands with OSI so that it can leverage on the resources available to expand its operations in the European market, which has been its goal for a more extended period.
OSI Industries has now merged with Turi Foods to help aim in its bid to create a sustain able and innovative approach to the food industry. Turi Foods brings a lot of expertise and direction to the merger table by having established itself as the one of the largest meat poultry companies in Australia. OSI Industries could benefit from this as they already have the scale and market size to take advantage of the production resources available from Turi Foods.
OSI Industries will begin to manufacture its signature products mostly out of the Queensland and Victoria areas of Australia, with the latter dealing more with its farming base there in Victoria. David McDonald, CEO of OSI Industries remarked that this merger will “have a shared ownership…. that will have tremendous potential to serve our customers in new and innovative ways”. The OSI and Turi Foods merger will become offical on May 4, 2018.
OSI Industries is no stranger to the innovation land having experienced over a century of growth leading out from that small family owned business in Chicago, IL to working with the McDonald’s fast food chain. The company continues its tradition of leading from the front by changing its production line facilities to meet the growing demands of its clients. It opened food processing plants outside Chicago, IL in places like Utah and Germany to include a multinational focus and mission.
This has lead to the company taking its rightful place at #58 on the Forbes list of largest private companies. By early 2000, the company has already expanded into Australia and India respectively. This global food supplier also has within its portfolio contracts with Subway, Burger King, and Yum Foods brands as its clients who value its global reach and production innovation capability. This company has built a reputation sustained over the years on quality, innovation, and service to its national and global clients to effectively create its own success!
What The Fast Food Industry Needs
The fast food industry is clearly one of the most important industries of the last few decades. We all eat fast food whether we live in Alaska or Shanghai, but somebody has to make all of that tick. The people who doing more than anybody else to make sure things work the way they should is in fact OSI. Formed in 1909 this company has reliably helped fast food companies get the resources they need in time in order to run their businesses. There are other meat processors out there, but they do not compare.
What OSI Industries Delivers
OSI industries gives their clients just about every type of meat known to man. if you need salami you’ll get salami and if you need beef you’ll get that too. This allows them to serve everyone from Pizza Hut to Subway whenever the need for fresh meat arrives. They also offer their clients other options such as frozen dough and frozen vegetables. With the options they make available it’s clear to see why so many people have chosen to go down this route and choose OSI Industries. Click here to know more.
What OSI Cares About
OSI isn’t simply in the business of making money. They are also deeply concerned about their employees and doing everything they can to make sure that their employees are well taken care of and able to get just about anything they need. For their efforts the British Safety Council has actually given OSI their annual Globe award for the quality of their safety standards. Things like this are the exact reason that the meat industry looks to OSI as the example that everyone should set. There simply aren’t as many people out there who can testify to this quality of service.
Facebook Page: Facebook.com/OSI-Group-106191179472361/